AbraSilver Resource (OTCMKTS:ABBRF) Stock Price Up 1.5% – What’s Next?

AbraSilver Resource Corp. (OTCMKTS:ABBRFGet Free Report) rose 1.5% on Friday . The company traded as high as $10.02 and last traded at $9.91. Approximately 93,678 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 238,334 shares. The stock had previously closed at $9.76.

Analysts Set New Price Targets

Separately, Scotiabank reaffirmed an “outperform” rating on shares of AbraSilver Resource in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

View Our Latest Stock Analysis on ABBRF

AbraSilver Resource Trading Up 1.5%

The firm’s 50 day moving average price is $11.28 and its two-hundred day moving average price is $10.26.

About AbraSilver Resource

(Get Free Report)

AbraSilver Resource Corp. operates as an exploration company in Argentina, Chile, and Canada. It primarily explores for silver, gold, and copper. It holds interest in the Diablillos property located in the Salta province of northwestern Argentina; and the Aguas Perdidas project located in Chubut Province, Argentina. It also has an option agreement to acquire a 100% interest in the La Coipita project in San Juan province, Argentina. The company was formerly known as AbraPlata Resource Corp. and changed its name to AbraSilver Resource Corp.

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